ChainCatcher news, Scroll announced that 15% of the total token supply will be allocated for future airdrops, with 7% to be distributed on October 22. However, users expressed disappointment over the decision to allocate 5.5% to Binance Launchpool, considering this allocation unfair.Although Scroll stated that Binance can help achieve global distribution, many users questioned this strategy, believing it favors large investors. The total supply of SCR is 1 billion tokens, and users are hoping for a fairer distribution mechanism to reflect their contributions and efforts.

ChainCatcher news, the DID-based Web3 social platform DeBox has announced its token BOX economics, with a total supply of 1 billion BOX tokens.Among them:35% allocated for ecological rewards;20% allocated to the foundation;20% allocated to investors and advisors, for a period of 2 years;17% allocated to core contributors, for a period of 4 years, including current and future team members;5% allocated for airdrops, which have been released to community participants through a one-time airdrop;3% allocated for liquidity and marketing;Its ecological token vDBX can be exchanged 1:1 for BOX, and the exchange application will be opened soon.

ChainCatcher news, the decentralized trading platform Ethervista has released its white paper on platform X. The white paper states that in the Ethervista DEX, liquidity providers will become "creators," having write permissions to configure pool settings, including deciding on pool fees, protocol addresses, and metadata. Developers can also launch projects using the integrated Launcher window.In addition, VISTA is the native currency of this DEX, with a total supply limited to 1 million coins. Ethervista is a deflationary token with value compounding. The smart contract of the Ethervista protocol implements an on-chain mechanism where each burn event will reduce the circulating supply, gradually increasing the price floor of the token. Fees generated from each transaction within the protocol continuously buy and burn tokens.

ChainCatcher news, the Merlin ecosystem DEX MerlinSwap has released a proposal for the second phase of airdrop allocation voting, which will end on July 1.The proposal includes allocating 2% of the total supply of tokens for airdrop rewards, with 20% of the airdrop rewards distributed to MerlinSwap IDO participants, 20% of the airdrop rewards distributed to users who purchase more than $100 worth of MP tokens (evenly distributed), and 60% allocated to esMP supporters (esMP Solid holders, esMP stakers, and esMP Boosters). Additionally, the weight of esMP Stakers and esMP Boosters in the airdrop allocation will be slightly higher than that of esMP Solid holders.

ChainCatcher news, the cross-chain NFT protocol Holograph stated in a post on X that on June 13, 2024, the Holograph protocol was subjected to an illegal attack, where malicious actors expanded the total supply of HLG (the native token of the Holograph ecosystem).As part of the attack, the malicious actors transferred 1 billion HLG to multiple centralized exchanges and began to sell off aggressively. After alerts were sent to the exchanges, approximately 200 million HLG were successfully frozen and are currently being recovered through law enforcement procedures.Currently, about 800 million HLG remain in circulation on the market. Following extensive discussions with various sectors of society, a plan to restore the total supply of HLG to 10 billion has been initiated. The first batch of 53,249,975 HLG has been burned, leaving 946,750,025 HLG to be burned.Previous news, the cross-chain NFT protocol Holograph released an update regarding the recent security incident, stating that a former contractor exploited a vulnerability to mint an additional 1 billion HLG tokens on Mantle, resulting in the protocol being temporarily locked.

ChainCatcher news, Jupiter co-founder Meow announced the J4J plan draft on social media, which mainly includes the initiation of the JUP proposal:Propose to reduce the total supply of JUP by 30%;The team will voluntarily cut their allocation by 30%;The release amount of Jupuary will be correspondingly reduced by 30%;Jupiter has no direct investors in JUP, and this move will reduce the burden of FDV, activate the community to truly understand the JUP token economics, address concerns about high emission levels, and incentivize everyone to collaboratively develop the metadata.Meow stated that the team will stake 100% of the tokens from the first-year cliff period over the next two years to ensure there will be no supply shock. He and Siong (along with many others in the team) have committed to locking all vested tokens until June 2026. The related plan is currently just a draft, and the complete proposal will be presented before the actual DAO vote.

ChainCatcher news, LayerZero co-founder Bryan Pellegrino posted on social media about the general distribution of the LayerZero token ZRO, stating that 23.8% of the ZRO supply will go directly to the community and builders. Of this, 8.5% will be distributed on the first day (5% core, 3% RFP, 0.5% community pool).The majority of the remaining supply will be distributed over the next 36 months, with additional retrospective allocations every 12 months, as well as some forward-looking RFPs aimed at builders.

ChainCatcher news, Taiko has announced that the TAIKO airdrop is open for the first phase of applications. Users who are not eligible for the first phase airdrop can participate in the Trailblazers event. Taiko stated that its upcoming Trailblazers Program will allocate 10% of the total supply of TAIKO tokens.

ChainCatcher news, FP Lee, the founder of the Solana ecosystem LST protocol Sanctum, has initiated a tokenomics proposal that aims to allocate 40% of the total token supply to community governance, with a portion set aside for an initial airdrop. The remaining portion can be distributed through at least 4 rounds of airdrops, with the final decision left to the community. 47% of the total token supply is controlled by the team, and currently, 13% of the supply has been allocated to investors.Additionally, the unlocking period for all team and investor tokens exceeds 3 years, and all team and investor tokens will fully vest 36 months after the TGE.

ChainCatcher message, Zeta Markets announced on social media that it has launched the Zeta community airdrop, allocating 1% (10 million tokens) of the total supply of Z tokens to partner projects on Solana, including Jupiter, Pyth Network, deBridge, Mad Lads, Tensor, AssetDash, and Superteam.

ChainCatcher news, Manta Network co-founder Victor Ji posted on the X platform that the Manta Renew Paradigm reward snapshot will end at 22:00 Singapore time on April 24. Users who destroy NFTs before the snapshot can claim MANTA token rewards. The airdrop rewards for Manta ecosystem projects will be distributed according to the specific airdrop rules of the project partners.The 11 Manta ecosystem projects participating in the Renew Paradigm will allocate 3% of their total token supply based on NFT destruction. Users participating in the Manta Renew Paradigm along with STONE can earn StakeStone airdrop points.

ChainCatcher message, the Ethereum re-staking protocol Renzo will begin its decentralization process on April 30, 2024, marked by the launch of its native token REZ. The first season incentive event for Renzo will end on April 26, and users who sell their ezETH holdings before this date may not be eligible for the airdrop. Users can claim REZ on May 2 through the official claiming website.It is reported that Renzo will linearly distribute 500 million REZ (accounting for 5% of the total supply) based on the user's accumulated ezPoints. Addresses in the top 5% will have 50% of the tokens unlocked immediately at TGE, with the remaining portion released over 6 months. Additionally, 2% of the first season's 5% airdrop (i.e., 0.1% of the total token supply) has been allocated to the following NFT communities: Milady Maker and SchizoPosters. The second season reward event will begin immediately on April 26, 2024.According to Renzo's token economic model, the maximum supply of REZ is 10 billion tokens, with an initial circulating supply of 1.05 billion tokens (10.5% of the maximum supply). Of this, 31.56% is allocated to investors, 30% to the community (of which 5% is allocated to the first season of the ezPoints event, and the remaining allocation will be used for the second season and various community activities), 20% to core contributors and advisors, 13.44% to the foundation, 2.5% to Binance Launchpool, and 2.5% for liquidity.

ChainCatcher news, the Merlin ecosystem Launchpad platform MerlinStarter will conduct the first phase of the MSTAR airdrop, accounting for 5% of the total token supply (100 million tokens). The airdrop claim time is April 17 at 20:00, and it will be released linearly over the first 30 days. The MerlinStarter token will be listed on OKX, Gate.io, and Bybit on April 17 at 18:00.In the first phase of the airdrop, during the NFT staking event from April 11 to May 10, a total of 20 million MSTAR tokens (2% of the total supply) will be airdropped to NFT stakers, with a daily allocation of 666,666 MSTAR. An additional 3% will be allocated to loyal users of the MerlinStarter community. One eligibility criterion is that addresses holding the same NFT in two NFT snapshots will qualify for the MSTAR airdrop. The first snapshot for the NFT airdrop event occurred on April 7 at 11:16, and the second snapshot occurred on April 11 at 11:16. Another criterion is for Star points holders, with the snapshot time being April 13 at 17:00. Some users of the first IDO project (MP) conducted on the MerlinStarter platform will also receive a portion of the airdrop tokens; additionally, trading users will also receive a portion of the airdrop.

ChainCatcher news, the 20x leveraged token protocol TLX built on Optimism announces that its Token Generation Event (TGE) is expected to go live within a week, with a total token supply of 100 million. The following will be completed at that time:A total of 6% of tokens will be airdropped, which users can claim on the TLX homepage. The tokens will have no lock-up period and can be freely transferred;To further decentralize community governance, TLX will issue its native token prior to the protocol launch;After the token issuance, users can earn token rewards through genesis staking and have the right to participate in community governance decisions.In addition, genesis staking will open simultaneously with the token issuance, lasting for 26 weeks. A total of 4% of tokens will be distributed to genesis stakers during this period on a per-block basis.

ChainCatcher news, according to the official announcement, the cross-chain DeFi protocol Entangle has launched an airdrop plan. This plan is the first event among several airdrop activities, which will allocate a total of 1% of the token supply to reward early supporters.Among them, testnet users will receive a total of 1.25 million NGL in this event, testnet validator nodes will receive a total of 1.5 million NGL, and Webverse NFT stakers will receive a total of 5 million NGL.

ChainCatcher news, the Starknet ecosystem DeFi protocol zkLend will launch its first airdrop on March 14, distributing 3,890,250 ZEND tokens (approximately 4% of the total token supply) to 42,695 early supporters.It is reported that 25% of the airdrop tokens will be unlocked immediately on March 14, with the remaining portion being unlocked linearly over 90 days.According to the announcement, over 35% of zkLend tokens will be allocated for rewards distribution, including future airdrops and other incentives.

ChainCatcher news, EthStorage announced its participation in the Protocol Guild Pledge (PGP), committing to donate 1% of its total token supply to the members of the Protocol Guild to support their ongoing efforts in the Ethereum ecosystem. EthStorage becomes the first Ethereum data availability (DA) enhancement project to adopt the PGP.Previously, Ethereum Foundation member Tim Beiko proposed the Protocol Guild Pledge (PGP), calling on projects to donate 1% of their native tokens to the Protocol Guild for long-term sustainable support of Ethereum core contributors.

ChainCatcher news, the Sui ecosystem lending protocol Scallop has announced the SCA tokenomics, with a total supply of 250 million tokens, of which 45% is allocated for liquidity mining, 15% is distributed to Scallop core contributors (founding team contributors), 4% is for development and operations, 1.5% is allocated to advisors, 15% is distributed to strategic investors and partners, 7.5% is for ecosystem, community, marketing, and airdrops, and 5% is used for liquidity, with 7% allocated to the treasury.It is reported that SCA is the core utility token of Scallop, which will be distributed as an incentive to users to encourage active participation and contributions to the ecosystem. Scallop allows token holders to stake for voting-escrowed SCA, also known as veSCA.

ChainCatcher news, ZetaChain announces its tokenomics, with 10% of the total token supply reserved for community rewards. ZetaChain community members can earn tokens by developing and contributing to the network. 31.5 million ZETA will be allocated to users who earned ZETA points on the ZetaLabs testnet from the project's launch until August 20, 2023.1.5% of ZETA will be allocated to key community members who have made ongoing contributions to the growth and development of ZetaChain during the testing phase, including but not limited to ambassadors, guardians (server mods), and VIPs. ZetaChain will also launch various wallet collaborations and social tasks on the mainnet as part of its mainnet promotion.